Tag: Rajya Sabha

Derek O’Brien raises the issue of restructuring TRAI during Question Hour | Transcript

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Sir, the slogans apart, the Minister talks about Universal Digital Literacy without any specific timeline. They have been in power for only 6 months now, so we won’t get into timelines. But I have a specific question to ask which goes beyond this.

Today the TRAI regulates the infrastructure. The TRAI, the same authority, regulates the content. The TRAI, the same authority, regulates the I&B, which is the media. So to reflect a more practical situation which is on the ground, will the Government consider at least restructuring or beginning discussions to restructure these into two independent regulatory bodies – one which look after infrastructure i.e. technology and telecom, and the second one which looks after content i.e. the media?

This is my question, Sir. Because, Sir, there is a differentiation between technology and the content.

Debabrata Bandyopadhyay speaks on the Securities Laws (Amendment) Bill, 2014 | Transcript

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I rise to support the Bill. This is a three in one law. It simultaneously amends the Securities and Exchange Board of India Act, 1992, the Securities Contract (Regulation) Act, 1956 and the Depositories Act 1996. This is a fairly complicated piece of legislation, which requires a thorough knowledge not only of the laws it seeks to amend but the complex functioning of financial market.

The Securities & Exchange Board of India Act, 1992 was enacted for the purpose of increasing the confidence of investors. But unfortunately, the act was not implemented in the true spirit. Inaction on the part of the authorities under the SEBI Act and lackadaisical attitude of the authorities under the SEBI Act have resulted in the act not being properly implemented. Steps were not taken against erring stock brokers, sub-stock brokers, share transfer agents, other intermediary and non-banking institutions who are actively associated with security market and to refund money to the poor investors. In the interplay of sharks of the money market they lost out totally.

Chit funds have grown in the country like mushrooms in the last three / four decades. They have history beginning in southern Indian States and then spreading across the country. 3 or 4 decades ago, the Sanchayita scam came to light. Thousands of families were ruined and the culprits got away. This chit fund menace continues to grow, unchecked through the 80s and 90s in different names – cheating unwary investors. Most of these chit funds were not registered under the SEBI Act for long three decades. These unregistered chit funds functioned to maximise profits for themselves, caring nothing for the investors. Investors were left in the lurch. There is no point in blaming anyone for what had happened. But my fervently appeal to the Finance Minister to prevent any further mischief and to protect the general investors who had been the unfortunate victims of the foul game of the financial operators in the market. We are happy that the Government has come forward to protect the unwary investors from falling victims to the sharks who operate in the money market to maximise their own or corporate gain at the cost of investors. Once the Bill becomes an Act, SEBI would have powers to call for information not only from the people or entities associated with the securities market but also from persons who are apparently not directly associated with securities market.

Besides the capital watchdog would get increased powers to crack whip on illegal investment schemes. The Bill aims at protecting investors as well as to curb for fraudulent investment schemes thriving at the expense of innocent investors.

We are happy to note that to deal with huge pendency of cases, special courts would be established for the prosecution of offences under the securities law to provide speedy trial. This is a welcome feature.

To keep the credibility of SEBI we would caution the Government not to use its powers to settle any political score.

While appointing Chairman, the Government has to ensure that candidate has the highest credibility to have investors’ confidence.

In West Bengal we have a bad and long history of the activities of such chit funds last 40 years. This is not phenomenon. The case of Sanchayita is well known. SEBI should proactively try to control such mushroom growth of chit funds in whichever name they operate. The Trinamool Congress would always support any pro-people such activity. But SEBI should not convert itself into another CBI.

May the FM consider two observations:

 

  1. The opponents of this Bill may say that giving such powers to one body may lead to misuse and make this legislation draconian. There is a clause to summon anyone not even directly connected with the matter. However, the pluses in this Bill far outweigh the negatives.

 

2.   Consider an orderly exist to such schemes so that small investors are not inconvenienced. We must do all at it takes to standby the smallest investor who looks to                    us to look after his interest.

Derek O’Brien speaks during Question Hour regarding FDI in Insurance | Transcript

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Say, an American or a Mauritius insurance company with the lot of capital decides to come to India through the FDI route. When we look at that from a company level the point of view it may seem like the capital is enough. But, Sir, in Lehman kind of event, or AIG kind of crash, the US Government would seize all the capital of the existing American companies. They don’t need to take on the global risk policies holders across the world.

My question, Sir, is that will the minister care to clarify on explain how the foreign company without dedicated operations in India ensure that if something goes wrong like Lehman or AIG – where 80 billion dollars had to be given by the US Government to AIG – that the capital of the Indian Company will be available to take care of those who have insured in India.

I hope the minister will answer. Thank you.

Sukhendu Sekhar Roy speaks on the Judicial Appointments Bill | Transcript

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From day 1 we have been demanding judicial reforms. This Bill is part of the reforms and we support it. We whole-heartedly supported the Judicial Appointments Bill by the Congress party, when it was in power. Now in the same way the new government intends to introduce two Bills in view of the reason given in the statement of the hon. Minister. The hon. Minister sought the views of all political parties by writing personal letters to each individual party. We have also expressed our opinion in writing to the Government, supporting this endeavour because this is a part of the judicial reforms and we support it.

Vivek Gupta speaks on the MSME Development Bill, 2013 | Transcript

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Sir, I am very nervous today because I have been inspired by my friends of Uttar Pradesh and Bihar today from the BSP, SP and JD(U) to try to speak a little in Hindi, so I may make some mistake you must not laugh.

Sir, Bharat ne Bali me jo hasil kiya tha wo WTO samasya ka adha solution tha, pura nehi. Kyun ki dash pritisat subsidy cab ke ulanghan kar ne ke immunity sirf char sal ke liye di geye thi. Ab immunity par samay ki pawandi nehi hay lekin ye bhi sampuran samadhan nehi hay. Jab iska pura hal nikal ayega or domestic support ke liye naya formula apnaya jayega to Bharat ko WTO ke liye kuch aur concession dena hoga ki nehi dena hoga, that is the question.

While the Government and the earnest and hard working minister has seemingly helped improve the Bill for Bali, the current situation let it be said has been on the Table since it raid flag in the summer. But it stopped halfway. And my question is why didn’t it raised for final solution, something it had argued for and agreed to endorse the TFA.

Sir, on a serious note, short term gain but long term pain. I have two specific questions on the short term gain and long term pain. The first question for the Government is that the TFA will enhance the developed countries’ access to the Indian market, we know that. India is losing out in competitiveness in all product lines as there has been a hollowing out of industries. My straight question to the Minister is, please tell us how is the TFA going to impact growth in the manufacturing sector?

And my second clarification is to do what the Minister said and I quote: “Continuing the minimum support programme is the lifeline for millions of our low income resource farmers. We have a right to distribute food to the poorest to the poor.”

Then I have to ask the Minister, what about the MGNREGA? What about cutting back subsidies for petroleum products, cutting educations subsidies, cutting health subsidies, cutting all sector expenditure?

So, I am totally confused. They have to clarify this. On one side they make statements about distributing food to the poorest of the poor and on the other side they cut all the subsidies.

I will end, Sir, with a nice appropriate quote by Hon’ble Arun Shourie, made three or four days ago. “When all is said and done, more is said than done”.

What will the Minister have to say about her statement in relation to this statement?

Thank you.

Derek O’Brien speaks on the independence of media | Transcript

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Har khabar ka 50% sach hota hai. Dikkat is baat ki hai kaunsa 50 koi nehi janta. 50% of all the news we see on TV or in the print is true but the problem is we do not know which 50%. Sir, we do not want to blame journalists, they are doing their job; we do not want to blame business houses. The problem actually lies with the system.

Mr Chairman was kind enough to allow this debate to happen today and I was wondering what the significance of the timing of the debate is. Interestingly, the same Chairman, the hon. Chairman of ours, allowed the same debate after 2009 election… in early 2010, he allowed a debate on the media. This is significant because there is a link between the independence of the media; all the problems arise after the elections.  The last time the hon. Chairman allowed a discussion, nothing happened. This time the Minister is here, my request is to make something happen after this discussion.

In this age of FDI, I have a new term Sir, which is called MDI. D is Direct, I is Interference… now ‘M’ you can interpret in many ways and use your imagination for the M.  I am a simple person; my interpretation of M is Media Direct Interference.

Sir, if you notice in today’s debate AIDMK, DMK both forfeited their time. When I asked them why, they said because we own a channel. I like that.  Even my friends from the Shiv Sena have their own newspaper; we also have our own newspaper once a week.  If you want to put your ideology out through your paper, no problem.

But the problem is of those who try to be neutral angels. They pretend to be neutral, Sir, and this is why keep using the word paid news. But you talk to all the journalists and none of them are paid very well so why do we call it paid news? Because we have come, after this election, Sir, to the era of ‘super paid news’ and the danger of super paid news is this can weaken the democracy. And why will it weaken the democracy? Because in elections we believe, real people will not come to Parliament on occasions. To praphrase the classic great definition of democracy by Abraham Lincoln we have reached a stage now where it is for the super paid news, by the super paid news, of the super paid news.

Sir, when we talk about media reforms – and I have got some specific suggestion for the Minister rather than media bashing – media reform can only take place if there is electoral reform.  And electoral reforms have to be linked to judicial reforms.  I am happy that the government is going to bring this reform on the judicial commission, which is a good start for judicial reform.  Electoral reform is the second line of Trinamool’s party Manifesto. We really believe – after the kind of billion dollars spent in this advertising campaign – parties should be given the money from the Election Commission. Government should give money to EC to distribute, Sir.

Sir there is a danger of media power houses. 16-20 people are controlling thousands of papers. Media barons – one or two of them – should decide if they want to join politics; they are welcome to join, get elected and come to the House. But don’t be a Chief Editor and pretend that you want to be advisor to the Chief Minister; that is a dangerous trend. Samne channel, peeche panel.

Sir, I quickly want to come to social media. Sir, I want to make four one line points on social media. Sir, on the social network each one of us here is a broadcaster, each one of us here is a publisher because we can go out now and say what we want to say through Facebook or through Twitter. Sir, 66A… it is time to set up some sort of expert committee. Sir, we are suggesting is self regulation. Unfortunately, today on social media everything we read becomes the truth. This is always not the case, Sir. There is a certain responsibility in social media. I think to be fair to our politicians there is a change in the way we looked at it at in the last three years.

My two quick recommendations… Sir, the Press Council of India today can only warn, admonish, censor the erring newspaper, there is no penalty for paid news. We need to find a definition for paid news; it is difficult. We need an independent regulatory mechanism, I am not suggesting any where you take away the independence.

Sir, there are three broad issues which I wanted to leave behind with the Minister: an expert committee for the social media which requires a thorough understanding of the media, two, how do we make the role of Press Council of India more responsible, and three it is no use bashing the journalists, it is no use bashing the media houses we ourselves must redefine and fix a system for a new tomorrow in the media.

Thank you, Sir.

Sukhendu Shekar Roy speaks on the working of the Home Ministry | Transcript

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Today we are discussing a very serious issue concerning the Ministry of Home Affairs. The first issue that strikes my mind is the atrocities on women, scheduled caste and scheduled tribes. We are not on blame game. Hum jante hai ki Sarkar ko dhai mahina hua satta mein aye hai. Toh isko responsible thairane ke liye hum koi ilzaam nahi laga rahe hai. Lekin jo bastab hai, hakikat hai, us bareh mein do-char shabd mein kehna chhahta hun.

 

Joh National Crime Bureau report nikla hai aur Home Ministry ka bhi joh 2013-14 ka joh annual report nikla hai use pata chalta hai ki sirf ek saal mein compared to 2011, in 2012 there is 10.9% increase in crime against scheduled casts and scheduled tribes. And robbery in the households of the scheduled casts and scheduled tribes saw 66.7% rise in one year. In crime against women, we all are deeply concerned with rape. It has become a social menace. No political party or particular government can be blamed for that. It is high time that everybody should pay a serious thought over this social menace. Some radical measures are required to be taken to minimize crime against women, particularly rape. The incidence of rape – the All India figure in 2011 was 24, 206 and in 2013 it rose to 33,707. That is more than 36% rise in two years.

 

Abhi hamare yahaan jo Rastra Mantri the, chale gaye, unhone jo jawab diya July 23 ko is Sadan mein, us hisab ke mutabik yeh 36% rise hua hai. Sirf Delhi mein 2011 mein it was 572, aur 2013 mein barke 1636, that is more than 300% rise. Nirbhaya kand hua, bahut kuchh hua, sara Hindusthan ke sare TV mein bahut sara charcha hua, naya kanoon ayi, sangsodhit; uske bawajut bhi do saal ke andar 572 se Delhi mein rape ka incident 1636 tak pahuch gaya.

 

Hum naye sarkar ko blame nahi kar rahe hai is ke liye, hum bar bar bol rahe hai ki ye ek samajik samasya ban gaya. Ghar mein bacche safe nahi hain. Sikshak ke paas vidyarthi safe nahi hain. High Court ke judge ke samne district judge safe nahi hai. Aisa vatavaran paida ho gaya hamare Hindustan mein. Kya ho raha hai  yeh? Ek Draupadi ka lanchhan hua tha to Mahabharat ka jung lada gaya tha. Aur aj hazaro Draupadi  ka lanchhan ho raha hai hamare desh mein. Hum kya jawab denge aam janta ko. Hum Rajya Sabha mein to directly chune hue nahi aate hai phir bhi hamare zimmedari rahte hai, bante hai. To isko dhyan dena chahiye.

 

Dowry related crime jo hai, that also increased at the rate of 36.5% within a year. 2011 mein jo tha us hisab se 2012 mein 36.5% increase ho gaya. Sir, hum jab sara Hindustan ki yeh chehra dekh rahe hain, to hamara Bangal mein bhi thoda hun nazar dalna chhahte hain. Wahaan hum zero-tolerance policy liye hain, so far the Crime against Women is concerned. As par last published National Crime Records Bureau figures, the incidence of rapes in West Bengal as a proportion of population is lower than reported from at least 10 other states of India. But we are not satisfied; we are trying to improve the situation. This is why we have set up five new police commissionerates. Over 40,000 constables out of which 6000 are lady constables have been recruited apart from 394 sub-inspectors, including lady sub-inspectors. 48 new police stations including 28 lady police stations have been set up in past three years and 10 more women police stations are in the offing. We are trying to combat the situation. We want to fight the menace tooth and nail. And that should be the approach everywhere throughout the country.

 

The second point, Sir, is communal violence. I am not going into the figures but it is true, Sir, the forces of communalism are raising their ugly heads in different parts of the country. Only Uttar Pradesh cannot be singled out or any other state cannot be singled out. This is also a menace to our society.  What is the idea of secularism? Babasaheb Ambedkar, while introducing the Constitution, when asked by the reporters, he said and I quote,

 

“India shall neither be religious or anti-religious nor irreligious. India shall be totally detached from religious dogmas.”

 

This is the concept of secularism we are pursuing since the inception of our Constitution introduced by Babasaheb Ambedkar. Now, where we are standing today? Why do we have to discuss in the Parliament about communalism? So, I will appeal to the new government to look into this problem very seriously.

 

The third point, Sir, is the Left Wing Extremism. Bengal was the birthplace of Left Wing Extremism. In the Sixties, the Naxalite Movement started there. We combated that menace there. After a few decades, it re-emerged and in many States, they are dominating. According to some reports, I do not know whether that is correct or not, it appeared in some quarters and about 200 districts in our country are being dominated by the Maoists.

 

In our State, West Bengal, three districts – Paschim Medinipur, Bankura and Purulia – in the dense forest area that is called Jangalmahal are the Maoist infested areas. My leader Ms Mamata Banerjee visited that area time and again, when she was in the Opposition and when she became the Chief Minister. She knows that only combat forces and helicopters won’t do. Developmental projects are to be taken to the doorsteps of the tribal people and the poorest people of that area. This is why she has taken up a number of welfare projects and measures and schemes. This is why the situation is under total control. Peace and tranquility has been restored in the Jangalmahal area. I am happy to inform to the House that in addition to the measures, special measures, taken by the Government of India to bring the Left Extremists to the mainstream of our society, our Govt in West Bengal has announced additional funds over and above the fund allotted by the Central Govt in declaring amnesty to the Maoists who have surrendered. Sir, this way we are trying to address the problem.

 

Sir, in curbing the incidents of crime we require some assistance from the Central Govt. because West Bengal – amongst some states having high density of population – has a low police-citizen ratio and Central Govt may consider assisting such states like West Bengal. This is my humble suggestion to the Hon’ble Home Minister to consider.

 

Sir, we also suggest and appeal to the Central Govt to consider seriously the proposition of modernization and building of additional capacity of correctional homes, in other words, jails. The Govt of West Bengal has already sent a proposal of modernization for a sum of Rs 2247 crore which requires due consideration of the Central Govt. The second is the ‘Safe City Project’ of Rs 158 crore for Kolkata city, which has been submitted to the Govt of India and may also kindly be considered.

 

Sir, the budget for Border Area Development (BAD) programme may be substantially raised from the existing levels of Rs 158.35 crore so far West Bengal is concerned. Our problem is that West Bengal is having 2216 km land border with Bangladesh. The rise of smuggling activities in some areas is a cause of concern for the people living in these border areas as well as in other parts of the state. A special task force should be set up; this is our request to the Central Govt to control the movement of the cattle. Smuggling of cattle is rampant through the West Bengal border to Bangladesh. If this is done the smuggling of cattle o Bangladesh will be considerably contained.

 

Sir, the Govt of India should also not levy charges on State governments, not only West Bengal, towards the deployment of Central armed Forces in the Left Wing Extremist affected areas. It is very much required by the States. Similarly, Sir, for all the States of India, I am requesting the hon. Home Minister to consider, Union Govt should not unilaterally remove existing Central Forces without consulting the State Govt particularly in the Maoist infested areas.

 

Sir, I have a few more points to make. On July 14, in this House, the hon. Home Minister while replying to several questions put by hon. members of this House, on the reported destruction of some Govt files, said that so far the files relating to Kashmir and files relating to Netaji Subhas Chandra Bose, he wasn’t sure whether those have been destroyed or not – according to him those were not destroyed – even though he assured the House that he would ascertain from the department and let the House know about it.

 

Now, sir why I should be raising the issue again and again about Netaji Subhas Chandra Bose? 70 years back a mysterious disappearance story was spread all around. Three commissions were set up till date. No finality has been arrived at till now. What is the stand of this Government? I would like to remind the hon. home minister this year on 23rd January when he went to see the birth place of Netaji at Cuttack in Odisha, the hon. home minister at that time was the BJP president.  He was saying that all record related to Nataji Subhas Chandra Bose should be classified. And now he is the Home Minister of the country. Can I not request him that he should keep his promises and urge the Central Government to declassify all records relating to Netaji Subhas Chandra Bose? 70 years have passed and what tribute are we paying to our national hero? Sir with folded hand, I would request to you to come out with the statement for this House whether this Government is considering declassification all the files. Netaji died in the year 1945 in a plane crash. Then how a foreign country can be blamed for that accidental death? Nobody can be blamed for that accidental death. Then what is the dilemma on the part of the Central Government? Let the Central Government has come out regarding this.

That a very vital point regarding Vodafone. I’m not supposed the name of the company, but I’m helpless. What happened? During the previous Government what happened? it is reported that a objection was raised by the Home Ministry against Vodafone group which was first crowned by 100% FDI in telecom and subsequently allowed to buy out its Indians minority partners for Rs 10141 crore. Notwithstanding the fact that Vodafone and other telecom firms secretly collaborated with United Kingdom intelligence and security agencies GCHU and are passing on details of their customers’ phone calls and other communications and are known as intercept partners. How could it happen? This must be stopped because it involves our national security. This is my humble request to hon. Home minister.

Similarly, Sir, how many Indian ministers, State Chief Minister and other ministers and politicians of this country are being tapped by foreign agencies and Indian agencies too? That should be disclosed before this House without further loss of time.

Sir, finally it is also reported that D-Company ( the company known as Dawood Company) is operating from Pakistan and other countries and now it is reported that they have established contact with one Nigerian terrorist outfit. Very alarming reports are pouring into the media every day; the target is obviously India.  We have experienced so many incidents of bomb blast and other terrorist activities perpetrated by the merchant of death which is described as cross border terrorism. Even Gujarat is not safe; Gujarat’s coastal areas are not safe. Every where they are trying to invade and everywhere they are trying to infiltrate trade in a manner so that they can create a similar situation like the past. I need not go for elaboration but this Parliament is also the target of those terrorist groups. Therefore I’m sure that the hon. home minister is quite aware of these developments. Particularly after the blasts in Patna, where Modi ji was addressing a rally. Our eyes are open; we must be aware of this matter because it also involves the question of our national security. I would request hon. Home Minister to keep the administrations abreast of the latest developments.

Thank you.

Sukhendu Sekhar Roy speaks on FDI in Railways and Defense | Transcript

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Sir, I have only two short points to submit. As the Hon Leader of the House has stated, it is true that both, the FDIs in Railways and Defence, were discussed along with the Railway Budget and the General Budget. But there was no structured discussion on FDI in Railways and FDI in Defence. So, we would like to have an assurance from the Government that this would be discussed immediately after the Question Hour, so that the Members can express their views.

Vivek Gupta speaks on the natural calamities occurring in the country | Transcript

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Sir, In India 40 million hectares or 12% of our geographical areas is exposed to recurring floods. But there is something I would like to draw the attention of this House to, that is the changing course of the river. Technically it is not classified as a flood and there are no rehabilitation measures. All people who are affected by it are not getting any relief.

Sir, when we talk about natural calamities and preparedness, only 192 dams against 4728 dams have some kind of emergency action plans in place. The Central Water Commission provides in-flow focus for only 28 of them.

Sir, I do not know how much time it will take before we have the standard operating procedures for the deployment of the NDRF. My other colleagues before me have been saying that the NDMA had not been holding meetings regularly. Even when my colleague spoke on the Uttarakhand disaster, it was pointed out, we know we have not learnt from our mistakes.

Sir, we would like to mention here the situation in Bengal also. Almost 40% of our area is flood-prone. 111 blocks amounting to 37,660 sq km are prone to recurring floods. The steps that we have taken, we want to share with our esteemed colleagues because we think it will help them. Sir, we have now24X7 emergency operational centre in the State Secretariat, working round the clock. A disaster SMS alert system is to send warning signal to all officials up to the gram panchayats.  There is Disaster Management team in all our police forces; all district head quarters have a quick response team under the DM. There is a close cooperation between disaster management, fire and civil defence. There is a Core Committee under the Chief Secretary which meets once during the month to review normal situations and preparedness.

My suggestions are that the National Disaster Response Fund and the National Disaster Mitigation Fund must be created at the earliest. The source of each fund and its linkage with the respective State Funds must be specified with the act of the rules. The Advisory Committee which had ceased to exist in 2010 has not been reconstituted. It is recommended that this committee should be reconstituted at the earliest as it forms a significant organ of NDMA giving it expert advice.

The National Institute of Disaster Management should function as an autonomous body in respect to its activities and human resource practice and not as a subordinate organization. Disaster Management set up of the district authorities can be strengthened so that district authorities so that the district authorities can be the first effective responders in case of a disaster.

Sir, we have suffered from Aila, we have suffered from so many things. We are doing but our efforts need Central Assistance. Even last week 60 trawlers have gone missing to certain cyclonic storm in Bay of Bengal. Hundreds of fishermen are still reported to be missing. Sir, we want that the National Disaster Force comes to the rescue and financial assistance extended to the kin of these people.

Derek O’Brien speaks on FDI in Railways and Defense | Transcript

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This is a very serious issue on FDI. Given what has been happening in the last ten days, it makes it all the more serious. Last night after the Parliament got adjourned, there was this announcement through the Cabinet about 100% FDI in Railways and 49% FDI in Defense. Sir, the timing of this and the way this has happened leaves a lot to be desired.

For the last one week, the whole country knows, what the status of FDI in insurance Bill is. The reality is, as much as the Govt of India wants to move that Bill, and bring it in Rajya Sabha and defeat the Bill, they cannot do it because the Bill will be sent to a Select Committee… because the majority of the members, about 150, do not want the Bill to be voted on; they want it to go to the Select Committee.

But there is a hurry. There is a plane to catch and bags to be packed in the middle of September because a trip has been made to America. So there is a hurry to bring FDi in Railways and Defense and start the auction of India, to sell India. They say once you bring FDI in India, all of India’s problems will be taken away.

Let me use this opportunity to tell you about 2008 Sir. By the way, 32 States in the United States of America do not allow FDI in Insurance. Why are we so excited about it? In 2008, US Govt had to bail out a private insurance company, because they went down the chute, with 80 billion dollars.

They are coming here. We are giving them a free market. We have put up some sales signs. This is not the way to go Sir. This is not the way to go. FDI is not the solution for all problems. FDI is Foreign Direct instruction. It is Foreign Direct Intrusion.

For the last ten years, the former Govt and the current Govt were playing relay – passing the parcel. The result of that was seen. The Govt came down; the Congress party – unfortunately for them – came down to 44. Those people, we thought, were in fourth gear. This is in fifth gear. They are on an overdrive. They want to go faster to catch the plane in September.

This is a very serious issue Sir. No to FDI in insurance, Defense and Railways. Don’t sell our country.

Thank you.